Target (TGT) Misses Q3 EPS by 45c, Misses on Revenue; Offers Weak FY25 EPS Guidance
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Target Corporation Reports Third Quarter Earnings
November 20, 2024 6:30 AM ESTMINNEAPOLIS, Nov. 20, 2024 /PRNewswire/ --
Third quarter comparable sales increased 0.3 percent, driven by strong traffic and digital performance.Guest traffic grew 2.4 percent over the prior year.Digital comparable sales grew 10.8 percent reflecting nearly 20 percent growth in same-day delivery powered by Target Circle 360Â and double digit growth in Drive Up. Beauty comparable sales grew more than 6 percent. Food &... More